Kenneth Rogoff: Brexit is an example of democratic failure | World Economic Forum

Economic Counsellor Kenneth Rogoff

Economic Counsellor Kenneth Rogoff (Photo credit: Wikipedia)

Brexit requires a complete rethinking on how decisions are made in a country, argues a Harvard economics professor in this hard-hitting WEF article.

Source: Kenneth Rogoff: Brexit is an example of democratic failure | World Economic Forum

For sure, David Cameron made a catastrophic error of judgement. For the moment, Cameron is still in power and his government have rejected calls of a second referendum despite a petition from 4 million voters.

Given the UK absence of formal constitution, there are serious questions over whether a prime minister with the support of cabinet can authorize the triggering of Article 50, initiating formal Brexit talks.

Meanwhile, the Independent reports that a date has been set for the first legal trial to stop article 50 being triggered by Prime Minister.

UK MPs need to protect the sovereignty of parliament otherwise they are ready for the scrap-heap. Of course, some MPs will find that they need to stand up to popular power in their constituencies.

So perhaps the great British legal system will prove Rogoff wrong?

Thoughts?

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